April 22nd, 2017 | by James Ayre
The semi truck platooning technology firm that we reported on recently, Peloton Technology, has successfully closed a $60 million Series B funding round, according to a recent press release.
The Series B funding round was led by Omnitracs, but also featured investments from "Intel Capital, DENSO International America, BP Ventures, Lockheed Martin, Nokia Growth Partners, UPS Strategic Enterprise Fund, Volvo Group, Sand Hill Angels, Band of Angels and Birchmere Ventures along with new investors B37 Ventures, Mitsui USA, Okaya, Schlumberger, US Venture, and Breakthrough Fuel."
February 22nd, 2017 | by James Ayre
I've read a number of pieces in recent years speculating on the potential benefits of a large-scale rollout of semi-truck platooning technologies, most of which seemed to make convincing arguments. It seems we'll get a close look at real-world viability relatively soon, as Peloton Technology has announced that it is partnering with the fleet management firm Omnitracs to begin providing platooning technology later this year
July 20th, 2015 | by Guest Contributor
Today’s low prices at the pump may have many people believing our nation’s energy security problem has been solved, but [&hellip